Crazy right?! When a company is yet to turn a profit the market can get seriously stupid and start dreaming wildly about all the possibilities and potential. It seems like not turning a profit for the market is actually a good thing! It buffles me... perhaps now that VMT is forecasting to lose money the market might turn around and decide that it is a good thing and start valuing VMT stupidly the other way around? I have ~ half a mil to allocate over the next weeks, trouble is that with today's volumes I won't be able to use the funds to buy VMT's, much... Re NASDAQ, to be fair we don't know whether it's something VMT is even considering, just speculation. At today's price it will not make any sense to raise more capital let alone on a different market. The dilution will be too great, no benefit. Beside NASDAQ is good for money loosing enterprises with crazy high valuations to begin with. To appeal to the nasdaq market, VMT will have to get loose and start issuing presentation talking about the plans to sell self driving, AI, flying vehicles that can bring you to Venus etc... bullshits really. They are being far too down to earth and realistic for NASDAQ...
VMT Price at posting:
13.5¢ Sentiment: Buy Disclosure: Held
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